Raimondo Zips Past 2M; Chafee Lags Taveras After Party Switch

Jul 31, 2013

State Treasurer Gina Raimondo raised just under $400,000 in the quarter that ended June 30, pushing her campaign cash arsenal past the staggering sum of $2 million.

Meanwhile, attracting a stronger fundraising base seemed to be part of the rationale when Governor Lincoln Chafee switched from an independent to a Democrat in May. Yet Chafee raised a modest $69,765 for the quarter, according to a report filed with the state Board of Elections.

Chafee's take for Q2 is less than half of the $158,000 raised in the quarter by Providence Mayor Angel Taveras, a Democrat expected to run for governor next year. Raimondo has steadily set the pace in campaign fundraising.

When Chafee made his party switch, some pundits suggested it would detract from Taveras' support in next year's anticipated three-way Democratic primary for governor.

Yet Taveras, who outraised Raimondo in 2011, easily surpassed the independent-turned-governor in the most recent quarter. The Providence mayor appears to be on track for his goal, as expressed during a June appearance on RIPR's Political Roundtable, of compiling enough money to be competitive in the coming battle.

With his take from Q2, which was obtained by RIPR in advance of Taveras' campaign finance filing, the mayor has a war chest of a little under $700,000. That's still far less than Raimondo's Q1 CoH of $1.7 million, yet well above Chafee's Q2 CoH of $377,391.

By comparison for Q1, Taveras collected $172,615 and Chafee gathered $85,625.

According to his Q2 report, Chafee spent $50,000 on campaign expenses, including $30,000 for consulting with DC-based Greenberg Quinlan Rosner Research.

Moderate Party gubernatorial candidate Ken Block raised almost $55,000 during Q2, bringing his war chest to almost $75,000.

Cranston Mayor Allan Fung, expected to be the Republican candidate for governor, raised $111,050, bringing his campaign balance to $256,498.

This post has been updated.